Warner Bros. Discovery Enters Material Agreement

Ticker: WBD · Form: 8-K · Filed: 2025-06-16T00:00:00.000Z

Sentiment: neutral

Topics: debt, agreement, financials

Related Tickers: WBD

TL;DR

WBD just signed a big deal for their senior notes, filing an 8-K today.

AI Summary

On June 13, 2025, Warner Bros. Discovery, Inc. entered into a material definitive agreement related to its senior notes. The company filed an 8-K to report this event, which may modify the rights of its security holders. This filing also includes financial statements and exhibits.

Why It Matters

This filing indicates a significant change in Warner Bros. Discovery's financial agreements, potentially impacting its debt structure and investor confidence.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new financial obligations or alter existing ones, carrying inherent risks for the company and its stakeholders.

Key Players & Entities

FAQ

What specific material definitive agreement did Warner Bros. Discovery, Inc. enter into on June 13, 2025?

The filing indicates the entry into a material definitive agreement but does not specify the exact nature of the agreement in the provided text. It is related to senior notes.

How might this agreement modify the rights of Warner Bros. Discovery's security holders?

The filing states that the event may result in material modifications to the rights of security holders, suggesting potential changes to covenants, terms, or other rights associated with their securities.

What is the Commission File Number for Warner Bros. Discovery, Inc.?

The Commission File Number for Warner Bros. Discovery, Inc. is 001-34177.

When was Warner Bros. Discovery, Inc. incorporated, and in which state?

Warner Bros. Discovery, Inc. was incorporated in Delaware.

What other items are included in this 8-K filing besides the material definitive agreement?

This 8-K filing also includes information on 'Material Modifications to Rights of Security Holders', 'Other Events', and 'Financial Statements and Exhibits'.

From the Filing

0001437107-25-000151.txt : 20250616 0001437107-25-000151.hdr.sgml : 20250616 20250616165559 ACCESSION NUMBER: 0001437107-25-000151 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 26 CONFORMED PERIOD OF REPORT: 20250613 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Material Modifications to Rights of Security Holders ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250616 DATE AS OF CHANGE: 20250616 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Warner Bros. Discovery, Inc. CENTRAL INDEX KEY: 0001437107 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] ORGANIZATION NAME: 06 Technology EIN: 352333914 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34177 FILM NUMBER: 251050873 BUSINESS ADDRESS: STREET 1: 230 PARK AVENUE SOUTH CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 212-548-5555 MAIL ADDRESS: STREET 1: 230 PARK AVENUE SOUTH CITY: NEW YORK STATE: NY ZIP: 10003 FORMER COMPANY: FORMER CONFORMED NAME: Discovery, Inc. DATE OF NAME CHANGE: 20180306 FORMER COMPANY: FORMER CONFORMED NAME: Discovery Communications, Inc. DATE OF NAME CHANGE: 20080606 8-K 1 disca-20250613.htm 8-K disca-20250613 0001437107 false 0001437107 2025-06-13 2025-06-13 0001437107 us-gaap:CommonClassAMember 2025-06-13 2025-06-13 0001437107 disca:SeniorNotesDue20304.302Member 2025-06-13 2025-06-13 0001437107 disca:SeniorNotesDue20304.693Member 2025-06-13 2025-06-13 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported):  June 13, 2025 Warner Bros. Discovery, Inc. (Exact name of registrant as specified in its charter) Commission File Number:   001-34177 Delaware 35-2333914 (State or other jurisdiction of incorporation) (IRS Employer Identification No.) 230 Park Avenue South New York , New York 10003 (Address of principal executive offices, including zip code) 212 - 548-5555 (Registrant's telephone number, including area code) (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ☐ ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ☐ ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ☐ ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ☐ ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Series A Common Stock WBD Nasdaq Global Select Market 4.302% Senior Notes due 2030 WBDI30 Nasdaq Global Market 4.693% Senior Notes due 2033 WBDI33 Nasdaq Global Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01.    Entry into a Material Definitive Agreement     On June 16, 2025, Warner Bros. Discovery, Inc. (the “Company”) announced that the Offerors (as defined below) had received the

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